by Carol Grant | Jun 9, 2022 | Estate Planning
For seniors enjoying the romance and vitality of an unexpected late-in-life engagement, congratulations! Love is a wonderful thing, at any age. However, anyone remarrying for the second, or even third time, needs to address their estate planning as well as financial...
by Carol Grant | Jun 3, 2022 | Estate Planning
There are a few dangers of adding someone as a joint owner of a bank account instead of using a Power of Attorney. A person with Power of Attorney for their parents can’t actually “add” the POA to their bank accounts. However, they may change bank accounts to be...
by Carol Grant | Jun 1, 2022 | Estate Planning
Once you celebrate your 72nd birthday, the IRS requires you to take a required minimum distribution amount from IRAs or other tax-deferred retirement accounts. Most people take the minimum, says a recent article from Kiplinger titled “Should You Take an Extra Big RMD...
by Carol Grant | May 16, 2022 | Estate Planning
COVID-19 has created unprecedented burdens for caregivers. This is especially true for those in the “Sandwich Generation” who live in multigenerational households with their older parents and their own children. A record 41 million Americans are serving as caregivers...
by Carol Grant | Apr 6, 2022 | Estate Planning
New best friends and unusual transactions could be signs of elder financial abuse, which extends far beyond the robocalls purporting to be from the Social Security Administration or the IRS. The majority of elder financial abuse cases reported to agencies involve...
